ISLAMABAD (APP) - Understanding between Pakistan and Afghanistan on all major issues relating to the Transit Trade would not only propel bilateral exports between Pakistan and Afghanistan but also help improve the living conditions of the people of the two countries. The new Afghan Transit Trade Agreement would not only propel bilateral exports between Pakistan and Afghanistan but also help improve the living conditions of the people of the two countries, Dr Rashid Amjad, a known economist and Vice Chancellor of Pakistan Institute of Development Economics (PIDE) told APP here. He said that allowing Afghanistan to transit its goods to India through Pakistan would also accelerate its exports. He, however, said that by not allowing Indian goods through Wagah border to Afghanistan, Pakistan has protected its national interests. He said the new Afghan Transit Trade Agreement would also help discourage illegal trade and tap revenue for both the countries. Dr Rashid Amjad added that allowing Pakistani goods through Afghanistan to Central Asian Republics (CARs) would benefit both the countries and increase market access of Pakistani products for CARs. However former Finance Minister, Dr Salman Shah when contacted, observed that allowing Afghan exports to India through Pakistan would encourage smuggling and damage Pakistans local industry and slow down the economy. Allowing Afghanistans exports to India through Pakistan would encourage India to consolidate its presence and dominance in Afghan economy, he claimed. Through this facility India even can benefit from the mineral resources of Afghanistan, he remarked. The Former Finance Minister said that stability in Afghanistan was vital for promoting bilateral trade between Pakistan and Afghanistan and transportation of goods to Central Asian Republics (CARs) from Pakistan via Afghanistan. He added that under Pak Afghan Transit Trade Pakistan cannot allow India to exports its goods to Afghanistan through land route of Wagah until normalization of relations or resolving bilateral issues. Salman Shah suggested that Pakistan should access the markets of CARs through China till political stability returns to Afghanistan for the promotion of exports.